KOSPI Turns Upward on Foreigners and Institutions 'Buy'... Recaptures 2500 Level

[Image source=Yonhap News]

[Asia Economy Reporter Kwon Jae-hee] The KOSPI and KOSDAQ indices reversed to an upward trend in the afternoon.

As of 1:20 PM on the 9th, the KOSPI index stood at 2402.56, up 0.34% (8.46 points) compared to the previous trading day. The index opened at 2493.57, up 0.02% (0.47 points) from the previous trading day, fluctuated throughout the session, and then reversed to an upward trend again in the afternoon.

The reversal to an upward trend was due to foreigners and institutions, who had taken net selling positions in the morning session, turning to net buying. Foreigners and institutions purchased stocks worth 30.3 billion KRW and 44 billion KRW respectively, while individuals sold stocks worth 73.3 billion KRW.

The top 10 stocks by market capitalization are showing mixed trends. Semiconductor-related stocks such as Samsung Electronics (-1.32%), SK Hynix (-1.45%), and Samsung Electronics Preferred (-0.72%) are underperforming, while Samsung Biologics is holding steady. LG Energy Solution (1.79%), LG Chem (3.07%), NAVER (2.71%), Samsung SDI (2.68%), and Kakao (0.73%) are recording gains.

At the same time, the KOSDAQ index is at 831.63, up 0.09% (0.77 points) compared to the previous trading day. The KOSDAQ index opened at 831.13, up 0.03% (0.27 points) from the previous trading day.

Regarding investment trends, individuals alone were net buyers of stocks worth 106.5 billion KRW, while foreigners and institutions sold stocks worth 53.5 billion KRW and 45.4 billion KRW respectively.

Among the top market capitalization stocks on the KOSDAQ, all stocks except L&F (-0.41%) and Cheonbo (-0.40%) are on the rise. These include Celltrion Healthcare (2.08%), EcoPro BM (0.41%), HLB (5.27%), Kakao Games (1.75%), Pearl Abyss (0.16%), Celltrion Pharm (1.12%), Alteogen (1.88%), and EcoPro (4.78%).

This content was produced with the assistance of AI translation services.